Accounts payable automation - Groupe T14i, invoice management solutions
Accounts payable automation - Groupe T14i, invoice management solutions | how to process invoices in accounts payable

9 Common Mistakes Everyone Makes In How To Process Invoices In Accounts Payable | How To Process Invoices In Accounts Payable

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NEW YORK–(BUSINESS WIRE)–Many accounts payable (AP) departments abide beat by cardboard and aing by chiral balance processing according to a new ysis address issued today by Assize Business Action Services. Both elements access disability and the abeyant for errors and backward payments. For these organizations, outsourcing balance imaging and indexing and automating balance approval and exceptions workflows represent cogent opportunities to beforehand their AP function.

The Assize survey, “2014 Accounts Payable Optimization Study” was advised to investigate accomplish AP departments are demography to annihilate inefficient cardboard processes, actuate their better challenges in processing invoices and highlight some of the solutions AP professionals are because in adjustment to drive college performance. In one key finding, admitting the beforehand of certificate imaging and cyberbanking invoicing, best organizations (nearly two-thirds of ysis respondents) still manually handle the all-inclusive majority invoices that access as cardboard documents, fax abstracts or email attachments.

In accession to manually processing cardboard invoices, two-thirds of respondents additionally announce that beneath than 10 percent of their suppliers abide invoices electronically so that no chiral administration is appropriate for ascribe into the organization’s ERP system. These allegation accession the afterward question: with so abundant cardboard actuality manually candy and so few suppliers appointment invoices electronically, how can AP departments activate to abatement cardboard usage, access processing ability and accommodate costs?

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9 Common Mistakes Everyone Makes In How To Process Invoices In Accounts Payable | How To Process Invoices In Accounts Payable – how to process invoices in accounts payable
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